Red Sea Global, Bunat Ventures Launch AI Fund to Back Saudi Startups
Prime Highlights: Red Sea Global and Bunat Ventures have partnered to create a new fund supporting AI startups in Saudi Arabia. The
Oman’s Stock Market Leads GCC with Strong Growth in 2025
Prime Highlights Oman’s Muscat Securities Market (MSX) emerged as the best-performing stock market in the GCC region in 2025, driven
Saudi Arabia Breaks Records with 1,000+ Chemical Permits and 172 Mining Licenses
Prime Highlights: Saudi Arabia approved over 1,000 chemical permits in November and awarded 172 mining licenses in its largest licensing
GCC Debt Market Poised for Strong Growth Through 2030
Prime Highlights: Saudi Arabia and the UAE are set to lead the GCC in fixed-income maturities, with $174.5 billion and
Saudi Arabia’s Non-Oil Exports Soar 32% in October, Driving Trade Growth
Prime Highlights: Saudi Arabia’s non-oil exports surged 32.3% in October, underlining progress in economic diversification under Vision 2030. Re-exports jumped
Qiddiya to Host ImpaQ 2026, Boosting Saudi Arabia’s Global Media and Creative Presence
Prime Highlights: Qiddiya will host the second edition of the ImpaQ forumin 2026, supporting Saudi Arabia’s goal to become a
Saudi Absher Platform Saves $5.3 Billion, Leading Digital Transformation
Prime Highlights: Absher has generated over $5.3 billion in annual economic impact by moving government services online, improving efficiency and
Saudi Electricity Company Secures $1B Financing to Strengthen Italy-Saudi Trade Ties
Prime Highlights Saudi Electric Company closes a $1 billion financing facilitybacked by Italian export credit agency Sace, strengthening Italy-Saudi industrial
JLL Partners with PIF to Drive Growth in Saudi Facilities Management Sector
Highlights: JLL’s investment will help FMTECH expand and create new opportunities for Saudi Arabia’s facilities management industry. The partnership combines
Lenovo Launches Program to Train Saudi Graduates in Smart Manufacturing
Prime Highlights Lenovo has launched a new program to train 100 Saudi graduates in smart manufacturing, in partnership with HRDF,
Saudi Arabia Partners with Legends Global to Build World-Class Venues
Prime Highlights: Saudi Arabia’s Event Investment Fund (EIF) teams up with Legends Global to grow the Kingdom’s events and entertainment
Saudi Water Innovations Soar to $53 Million, Driving Global Collaboration
Prime Highlights: The Saudi Water Authority values water sector innovations and entrepreneurial projects at SR200 million ($53.3 million), aimed at
Saudi Startup Misraj Introduces Kawn, a Powerful Tool for Arabic Language Solutions
Prime Highlights: Misraj launches Kawn, a new Arabic language model designed to support businesses and public institutions across multiple industries.
Arab Economy Set to Reach $4 Trillion by 2026 Amid Rising Investments
Prime Highlights: The Arab region’s GDP is projected to grow to $4 trillion in 2026, marking a 5.6% increase from
Qiddiya City Set to Become a Global Hub for Racing and Entertainment
Prime Highlights: Saudi Arabia is building a brand-new $500 million Formula 1 circuitin Qiddiya City, combining racing with entertainment, concerts,
EU and UAE Strengthen Partnership to Boost Sustainable Aviation Fuels
Prime Highlights: The EU and UAE have strengthened cooperation to advance sustainable aviation fuels and support greener air travel. Both